Zurich - 21 Jan 2021
PERILS has today disclosed its final industry loss footprint for the January 2020 Australian Hailstorms. The final estimate of the insurance market loss is AUD 1,887m. In line with the PERILS event definition, the PERILS loss number covers the Property and Motor Hull lines of business. Industry loss information is available per high-resolution CRESTA Zones (postcodes) and complemented with information on damage degrees and hail intensities.